Looking for some assistance with this question. I would like to understand it better so I am requesting a thorough breakdown so I am able to work on gaining a better understanding.

If the performance measurement baseline data is identifying a cost and schedule variance greater than 25% between the planned and actual data, would you conclude that the estimate was wrong, your program team members are not effectively managing the program, or that there were significant contingencies after the PMB was developed? Explain your response.